WS #13847
Rising oil prices fuel inflation fears, with markets pricing in a 51% chance of a Fed rate hike in September; Wednesday's CPI report could trigger a 2% S&P 500 swing.
Fed rate hike bets and CPI anticipation
Rising oil prices fuel inflation fears, with markets pricing in a 51% chance of a Fed rate hike in September; Wednesday's CPI report could trigger a 2% S&P 500 swing.